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10 Heller Linz - Wirtschaftsverband der Mil. Gagisten
| Issuer | Wirtschaftsverband der Militär-Gagisten, Linz |
|---|---|
| Year | 1920 |
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| In circulation to | 1 December 1920 |
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| Obverse description | Uniface notgeld coupon printed in black on pale cream paper, enclosed within an ornate scrollwork border with foliate corner ornaments. The denomination numeral '10' appears at the upper left and 'Hl' at the upper right in bold blackletter script, flanking a central text block in Gothic typeface setting out the redemption obligation of the Wirtschaftsverband der Mil.-Gagisten, Mariengasse 5, Linz, dated 7 May 1920. Four manuscript signatures appear at the lower margin beneath the printed role designations Obmann, Obm.-Stellvert., Kassier, and Buchhalter. |
|---|---|
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| Reverse description | Printed in violet-mauve on pale cream paper, the reverse carries a central vignette of a multi-storey building with a tower, rendered in a fine line-engraved style and set within a decorative cartouche with scrollwork and floral garland ornaments. The denomination numeral '10' at the left and 'Hl' at the right are each enclosed in wreath-bordered circular panels. The issuer's name is printed in bold blackletter script across the lower margin in two lines, with small artist credits reading 'Karl Hayd' and 'J. Kling' inscribed beneath the vignette. |
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| Comments |
The Wirtschaftsverband der Militär-Gagisten was a cooperative purchasing association formed by demobilized Austro-Hungarian military pensioners — men whose fixed state pensions had been gutted by postwar inflation almost immediately after the armistice. By 1920, the Austrian crown was in freefall, and small-denomination coins had effectively vanished from circulation, hoarded or melted. Associations like this one issued their own Notgeld not as a monetary experiment but out of sheer necessity, redeemable only within their own cooperative network.
The 10 Heller denomination by 1920 was nearly worthless in real purchasing terms, which makes the effort to print and distribute it telling.